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News · ■ Unclear/unknown · 1 source confirmed · 2026-09-25 12:00 UTC

Nanexa and Novo enter into EUR 1.165 billion global license and collaboration agreement for long-acting injectables

Why now

Thesis: Novo deepens obesity and diabetes delivery tech

Catalyst to watch: Clinical milestones for PharmaShell candidates

Main risk: Milestone payments and development failure

Why it matters

A EUR 1.165bn licensing deal expands Novo's long-acting injectable pipeline in obesity and diabetes.

Details

The agreement grants Novo a global exclusive license to Nanexa's proprietary PharmaShell® atomic layer deposition (ALD) drug delivery technology platform for certain therapeutic peptide drugs in indications including obesity, type 2 diabetes and other cardiometabolic diseases. The...

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